US, Vietnamese Businesses Ask Trump to Delay 46% Tariffs on Vietnam
U.S. and Vietnamese businesses have asked the Trump administration to delay its planned 46% tariff on Vietnamese goods, saying the levy will hurt them and bilateral commercial relations. The Vietnam Chamber of Commerce and Industry and the American Chamber of Commerce in Hanoi expressed concern to Commerce Secretary Howard Lutnick in a letter dated Saturday,
Shares in companies that have large manufacturing operations in Vietnam, including Nike Inc. and Lululemon Athletica Inc., ...
Trump’s new tariffs are forcing U.S. apparel and shoe makers to scour the world for new places to manufacture.
U.S. footwear and apparel companies, such as Nike, Lululemon, and Gap were getting crushed early Thursday. Blame high tariffs ...
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The Vancouver-based athleisure titan warned of a “more cautious consumer” as the tariff-driver, ever shifting economic ...
Trump’s “Liberation Day” just flipped the script on international trade. In his most aggressive tariff push yet, the ...
South-East Asian nations have been among the hardest hit by the latest Trump tariff rout across the globe, which has dealt a ...
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing ...
Lululemon finds itself directly in the crosshairs of President Trump’s trade war as the bulk of its apparel is sourced from ...
Shares of apparel and footwear makers were rallying Friday after President Donald Trump said Vietnam wanted to cut tariffs on the U.S., a move investors hope will lead to lower import tariffs for ...
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